Basic Facts
Property ID:
5142
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Post Updated:
2019-06-24 10:41:18
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Status:
Sold
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Type:
Supermarket
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Tenure:
Freehold
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Gross Rent:
£ 15,600
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Lease Term:
15 yrs from Oct '14
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Property Description
- Freehold Convenience Store Investment in London
- Arranged as a ground floor retail unit with upper floor flats sold off on long leases
Location Description
- Whitechapel is located 3.4 miles (5.5 km) east of Charing Cross in Central London
- Situated off Commercial Rd, which is 0.3 miles from Shadwell DLR Station
- Local shops and amenities are available along Commercial Road and Whitechapel High Street.
Additional Notes
- Ground floor convenience store let to an individual at £15,600 per annum FR&I on a lease of 15 years from October 2014
- 3 Flats above sold off on long lease (ground rent of £50-100 per flat per annum)
Features
Finance available
Freehold
Ground Rent investment
Lease term: 10 - 15 years
No Break clauses
Under £500k